Posts tagged ‘obamacare’

“Health insurance premiums (HIP) have been trending up, while the value of coverage has trended down. Both administrative and medical costs continue to rise, but the rate of growth in these expenses slowed between 2008 and 2009. The rise in medical costs is primarily attributable to the price of services, not increased utilization. This report provides an overview of the concepts, regulation, and public data regarding private HIP. Contents of this report: (1) Intro.; (2) Drivers of HIP Increases: Health Benefits Exp.; Unit Prices; Health Service Utilization; Administrative Costs; Health Insurance Corporation Profits; The Underwriting Cycle; (3) Review of Health Insurance Rates: State Rate Filing and Reviews; Federal Reforms Affecting HIP. Charts and tables. A print on demand report.”